Americans Think It Takes $1.7 Million To Retire Comfortably: Here's How Much You Need To Save Each Month To Reach 65

Americans Think It Takes $1.7 Million To Retire Comfortably: Here’s How Much You Need To Save Each Month To Reach 65

On average, American workers believe they will need $1.7 million in retirement savings, but just under half believe they are likely to meet their savings goals, according to a recent study by Charles Schwab. It’s understandable: financial planners generally recommend saving between 10% and 15% of your gross annual salary for retirement, which is no …

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